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Dec 9, 2012
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. >>> both sides in the fiscal cliff negotiations are much closer despite what you might think. on today's state of the union, jackie -- of the times picked up on something. >> he said you know, the republicans really ought to think about just declaring victory by going along with the president and senate democrats and taking the 98% of the tax cuts they agree on for everybody below $250,000 and just work next year on tax reform and see if they can get the top rate down again. it's hard to think that's not going to be where they end up, so why not make it clean instead of ugly. >> i think that it is true that many republicans are saying privately what tom cole said on this show, that they believe the politically expedient and right thing to do now is just to cut their losses, agree to tax rates going up for the most wealthy and really try for significant tax reforms so that 39.6% is going to be moot. >> if nothing is done by the end of the year to avoid the fiscal cliff, automatic federal spending cuts could impact the foot we eat. emily schmidt explains. >> preparing for holida
. >>> both sides in the fiscal cliff negotiations are much closer despite what you might think. on today's state of the union, jackie -- of the times picked up on something. >> he said you know, the republicans really ought to think about just declaring victory by going along with the president and senate democrats and taking the 98% of the tax cuts they agree on for everybody below $250,000 and just work next year on tax reform and see if they can get the top rate down again....
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Dec 8, 2012
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. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year. >> there is no progress. >> members of congress are always upset. >> they are taking us to the cliff. >> the momentum is with the president. >> republicans are totally over the barrel. >> did you say over? >> they should give in to obama on the tax rate? >> nothing is over until we decide it is! >> we didn't elect them to raise rate. >> not me! >> we don't have a revenue problem. >> i'm not going to take this. >> when are you going to fight? >> let's do it! >> how is that winning? that isn't winning. >> i don't think republicans will win. >> south carolina senator jim demint -- >> jim demint says he is resigning. >> his surprise announcement to step down. >> i think i'm in a
. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year....
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Dec 11, 2012
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. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant outside detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january 1, everybody's going to see their income taxes go up. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks. >> reporter: republicans have adamantly opposed raising taxes, but now some are co
. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant...
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Dec 6, 2012
12/12
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the foj kus is on washington as fiscal cliff negotiations continue. we will also get an update on the health of the labor market when the weekly jobless claims report comes out later this month. >>> by now you all know the siren logo. >> many of you will grab a cup of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the time to play politics. it's about doing right by the american people. >> i think if people would get in the room and leave their ego behind, and not be so skewed towards the party but be so sensitive to the lens of the american people, we will have an agreement. >> poppy harlow is joining us with more. we've been talking about how this will affect us. schultz says this goes way beyond our boarders. >> it's global. something that stuck with me talking to him about this, the people who need a deal most will be hurt t
the foj kus is on washington as fiscal cliff negotiations continue. we will also get an update on the health of the labor market when the weekly jobless claims report comes out later this month. >>> by now you all know the siren logo. >> many of you will grab a cup of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for...
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Dec 13, 2012
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but bernanke says the economy afeds more confidence now because of the uncertain fiscal cliff negotiations in unshington. and the harm from the fiscal cliff won't just happen in the enedre. bernanke said that's happening now. >> it's already affecting absiness investment and hiring decisions by creating uncertainty, or creating r:ssimism. ai saw what happened recently to consumer sentiment, which fell, tesumably in part because of concerns about the fiscal cliff. t reporter: the other main concern for the fed is inflation. but, scott, there's good news here. despite the trillions the fed eds pumped into economy, bernanke called the inflation tame, for now, projected 2%. elleelley: if the chairman of the fed is worried about the fiscal cliff there is nothing today that would have cheered ram up. a are less than two weeks away from the traditional prngressional holiday break, and noe republican speaker of the house and president obama seem no closer to a budget deal. as you know, if they don't come up with a spending compromise, most americans will see a hefty tax increase automatically on j
but bernanke says the economy afeds more confidence now because of the uncertain fiscal cliff negotiations in unshington. and the harm from the fiscal cliff won't just happen in the enedre. bernanke said that's happening now. >> it's already affecting absiness investment and hiring decisions by creating uncertainty, or creating r:ssimism. ai saw what happened recently to consumer sentiment, which fell, tesumably in part because of concerns about the fiscal cliff. t reporter: the other...
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Dec 7, 2012
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cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big voices dug in. >> you had a fascinating interview with the head of the international monitoring fund, it will air sunday on "state of the union." let me play a clip. what happens in fiscal cliff negotiations in washington could have a huge impact around the world. >> there's still that degree of uncertainty that fuels doubt, that prevents investors, entrepreneurs, households from making decisions because they don't know what tomorrow will be. they know that a fix has been found for today but there is still work to be done tomorrow and day after tomorrow. so it wou
cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big...
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Dec 12, 2012
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this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house tells nbc news the proposal included a permanent extension of the bush tax cuts. that is highly unlikely to fly, given the hard line the president has taken on tax rates and what he told barbara walters in an interview airing this friday on "20/20." >> taxes are going to go up one way or
this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue....
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cliff. >> behind the scenes negotiations continue today. republicans say they're waiting for the president to outline more spending cuts. the three big issues, tax rates, entitlement reform, medicare and social security, and whether to raise the debt ceiling. we're about to hit it again, and america may need to borrow more. and on those issues at least for now on chilapitol hill, democra seem to think they have the upper hand. that's it for now. >> thanks so much. >>> last night he describes what he says is to use the debt creel as a pawn in the fiscal cliff negotiations. >> they see the handwriting on the wall and they're going to have to extend it, and if they don't the whole country will see they were willing to tank the entire economy and give everybody the tax break to give people at the top a bonus. where they're just dead wrong, ed, is thinking they're going to gain leverage over this debt ceiling because the american people are not going to stand for republicans turning right around and threatening to destroy the american economy by
cliff. >> behind the scenes negotiations continue today. republicans say they're waiting for the president to outline more spending cuts. the three big issues, tax rates, entitlement reform, medicare and social security, and whether to raise the debt ceiling. we're about to hit it again, and america may need to borrow more. and on those issues at least for now on chilapitol hill, democra seem to think they have the upper hand. that's it for now. >> thanks so much. >>> last...
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Dec 11, 2012
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>>> there are new development in the fiscal cliff negotiations. cnn has just learned that house republican leaders have sent the white house a counteroffer on tax and entitlement reform. let's bring in our capitol hill senior correspondent dana bash who's got the details. what have we learned? >> we learned that, as you said, the republicans have sent to the white house an offer that they describe as something that is significant with regard to tax and entitlement reform. of course, those are the two tranches that we're talking about here. they are being very -- holding their cards very close to the vest in terms of what specifics these are but apparently it's a counteroffer to something the white house sent to them yesterday. we don't know the details. this is good news for both sides. republicans saying earlier that the white house has to give them more spending cuts. but this is really key because the first thing they have to do, wolf, is get those top line numbers. they are not talking specifics, what kind of tax rates, how much to do. they ar
>>> there are new development in the fiscal cliff negotiations. cnn has just learned that house republican leaders have sent the white house a counteroffer on tax and entitlement reform. let's bring in our capitol hill senior correspondent dana bash who's got the details. what have we learned? >> we learned that, as you said, the republicans have sent to the white house an offer that they describe as something that is significant with regard to tax and entitlement reform. of...
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i think that just discounting any probability we have a fiscal cliff, if we do, and negotiations brick down, then market i think will be way overpriced for the very difficult economy. we'll see in the first half of next year. lou: we might see it before the end of the year, if it is clear, this may be part of the game, they try to keep in am pickous to whether or not there will be a dial, that would be a slick portion of this negotiation. i do not know what to make of it. i do think this republicans are now incentivized to go over the cliff, and seek sequest raising sequestration in force. it gives republicans want they want, two-for-one spending cuts to tax hikes it gets intresting. >> it is, some of the commentary i've seen, suggestions that the president i talking about more x increases than spending cuts, that is -- >> 2 to 1. >> yeah contrary to the original agreement. lou: well imagine that. president turning things on its head, john silvio thank you. >> thank you. lou: and straightening us out. looking now at "new york times" bestseller list, i thought this week was really, news
i think that just discounting any probability we have a fiscal cliff, if we do, and negotiations brick down, then market i think will be way overpriced for the very difficult economy. we'll see in the first half of next year. lou: we might see it before the end of the year, if it is clear, this may be part of the game, they try to keep in am pickous to whether or not there will be a dial, that would be a slick portion of this negotiation. i do not know what to make of it. i do think this...
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they're getting ready to debate how to break the stalemate in the fiscal cliff negotiations. whether republicans should declare victory on taxes and move on. or are we all going over the fiscal cliff? let's see if we can work out a deal right here in the situation room. but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. now get a 2013 malibu ls for around $199 per month, plus competitive lessees can get $1,000 toward the down payment for an even better deal. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. pre-cognitive intelligence with googlenow complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, an
they're getting ready to debate how to break the stalemate in the fiscal cliff negotiations. whether republicans should declare victory on taxes and move on. or are we all going over the fiscal cliff? let's see if we can work out a deal right here in the situation room. but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's...
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Dec 10, 2012
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both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> but house republicans, the key to any fiscal cliff deals remains suspicious. >> the president wants the rates to go up, that doesn't solve the problem. we don't want to be back here in another year, in another ten years answering the same questions. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >> reporter: mr. obama and house democrats are open to making wealthier taxpayers pay more in medicare taxes but are reluctant to raise, as r
both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >>...
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we begin this morning with new urgency in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking committee, said his party should consider the president's position on raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate's in the democrats' hands. a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and giv
we begin this morning with new urgency in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only...
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Dec 10, 2012
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cliff negotiations. last night "snl" revealed the real reason the president decided to talk to boehner one-on-one. take a look. >> in order to get the support of the speaker, i agree there would be no tax increases. i repeat, zero tax increases. now why would i do that? i mean, i won the election. i have the leverage. why give in? well, simply put, i felt sorry for this man. early this week i found my way into the congressional cafeteria and what do i see? john boehner sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because, well, tell them why -- >> they had taken my milk and grown it in the garbage. >> they took it and lieu it in the garbage. i was so heartbroken to hear this, i said, look, how about this, john. if you agree to a 1% raise on the top two americans, just two people, i will dissolve social security. dissolve it. so he took it to the republicans in congress and what do they do? >> invited me to a pizza part
cliff negotiations. last night "snl" revealed the real reason the president decided to talk to boehner one-on-one. take a look. >> in order to get the support of the speaker, i agree there would be no tax increases. i repeat, zero tax increases. now why would i do that? i mean, i won the election. i have the leverage. why give in? well, simply put, i felt sorry for this man. early this week i found my way into the congressional cafeteria and what do i see? john boehner sitting...
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can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president was clear. we asked can dates to be clear about their positions. the president was utterly clear that the tax rates for high income people should return to the clinton era. the people spoke. the republicans should listen. jenna: congressman, pleasure to have you on set. look forward to have you come back. talk to us about spending at the national level. >> be glad to do that. jenna: thank you for the time. jon? jon: get away from all this earthly talk of fiscal cliffs and other problems and get to dramatic new findings from space. nasa's hubble space telescope has helped astronomers discover something
can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president...
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Dec 11, 2012
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. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a
. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with...
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Dec 6, 2012
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prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal clear. >> we don't want to see our public hurt in any way. >> just down the road
prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good...
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comments from house speaker john boehner on the ongoing fiscal cliff negotiations continuing to weigh on the market. boehner saying spending is the issue getting in the way of a deal. right now the dow is down 74 points. looks like maps on the iphone are headed in a better direction. this is the mover in google maps from the device, apple finally approve of the google its app store. the own attempt at maps was a massive disaster even lead to a rare apology from ceo tim cook. jobless claims fell for a fourth straight week. the market may be improving. marking the second lowest claims this year. you have a slow moving average. that is the latest from the fox business network giving you the power to prosper. ashley: breaking news from major league baseball. the associated press reporting texas rangers gm says josh hamilton has agreed to a contract with the l.a. angels. there you go. tracy: i'm shocked we are even talking about baseball in the middle of winter. ashley: hsbc moving on with the largest fine ever paid by a bank. $1.9 billion for the justice department to settle a money-laund
comments from house speaker john boehner on the ongoing fiscal cliff negotiations continuing to weigh on the market. boehner saying spending is the issue getting in the way of a deal. right now the dow is down 74 points. looks like maps on the iphone are headed in a better direction. this is the mover in google maps from the device, apple finally approve of the google its app store. the own attempt at maps was a massive disaster even lead to a rare apology from ceo tim cook. jobless claims fell...
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for an agent, call the number that appears on your screen. >>> so how do you make the fiscal cliff negotiations funny? let's check in to see what some of the late-night comics are saying. >> you know, it's a special time of the year. we've been looking forward to it for months now. everywhere you go you can see the twinkle in little children's eyes because they know in a few short weeks the fiscal cliff is coming to town. ma merry cliff-mas. jim? >> the president is asking for $1.6 trillion. >> entitlement reform. >> discretionary spending. [ applause [ applause ] >> i'm back. what happened? >> they are still trying to reach a resolution in the fiscal cliff talks. it's getting a little heated between president obama and speaker boehner. take a look at what they've been saying to each other. yesterday obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week. it's not that tough. boehner then responded saying, quote, i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own. obama respon
for an agent, call the number that appears on your screen. >>> so how do you make the fiscal cliff negotiations funny? let's check in to see what some of the late-night comics are saying. >> you know, it's a special time of the year. we've been looking forward to it for months now. everywhere you go you can see the twinkle in little children's eyes because they know in a few short weeks the fiscal cliff is coming to town. ma merry cliff-mas. jim? >> the president is asking...
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we begin this morning with the negotiations to avert the so-called fiscal cliff. so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticip
we begin this morning with the negotiations to avert the so-called fiscal cliff. so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a...
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>>liberal and proud of it. >> eliot: one thing everyone in the so-called fiscal cliff negotiations agree on is the tax cuts should remain in the middle class. because john boehner refuses to bring any proposal to the floor unless his own party sports it, there is yet to be a vote in the house. i had a chance to discuss this ridiculous state of affairs with congressman chris van hollen earlier today. he had an answer for that crazy situation. >> the issue of the fiscal slope, what is the "state of play" right now. how do you assess the two positions? >> well, things remain in the air still. the president supported a very specific plan. you had speaker boehner come forward with something on paper but a lot less than met the eye he was not specific at all the cuts. i guess the good news is in the last 24 hours, they've talked on the telephone the speaker and president. we've got a long way to go. >> eliot: it presumes toward the end there will be some sort of compromise that kicks the can down the road. there is a procedural technique something called a motion to discharge that would permit
>>liberal and proud of it. >> eliot: one thing everyone in the so-called fiscal cliff negotiations agree on is the tax cuts should remain in the middle class. because john boehner refuses to bring any proposal to the floor unless his own party sports it, there is yet to be a vote in the house. i had a chance to discuss this ridiculous state of affairs with congressman chris van hollen earlier today. he had an answer for that crazy situation. >> the issue of the fiscal slope,...
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what role could it play in the fiscal cliff negotiations? >>> major earthquake rattles nerves and shakes buildings in japan in the same area as nearly two years ago. >>> fiscal cliff for air travelers, ground your trip or compromise air safety. >>> be careful what you write on review websites. one woman is being sued for almost $1 million for posting a nasty review online. find out which side the judge is taking. taking. "newsroom" begins right now. -- captions by vitac -- www.vitac.com >>> good morning. thanks for joining us. i'm don lemon in for carol costello this morning. the labor department this morning says 146,000 jobs were added in november and unemployment fell to 7.7%. so, let's put this all in perspective for you just one month earlier. in october, 138,000 jobs were added. so we're going to begin our coverage now with cnn correspondent and first up is christine romans. good morning, christine. >> good morning, don. we give the headline 146,000 jobs created, more than we expected, more than economists had expected, twice what a cn
what role could it play in the fiscal cliff negotiations? >>> major earthquake rattles nerves and shakes buildings in japan in the same area as nearly two years ago. >>> fiscal cliff for air travelers, ground your trip or compromise air safety. >>> be careful what you write on review websites. one woman is being sued for almost $1 million for posting a nasty review online. find out which side the judge is taking. taking. "newsroom" begins right now. --...
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cliff negotiations. >>> 7:36. software company founder john mcafee could soon return to the united states. his attorney says a guatemala judge has ruled that mcafee adetention in that country is illegal and he could be released as soon as today. mcafee was detained in guatemala last week after entering the country illegally to avoid police in belize who wanted to question mack afy about the fatal shooting of his neighbor. mca -- mcafee has said he wishes to return to the u.s. so he can live in peace. >>> continuing coverage on the shooting in portland, oregon. here's more. >> reporter: good morning, tori. the mall here is closed at this point while police continue their investigation and what motivated this young man to come in yesterday in a crowded mall, people were christmas shopping. we have video -- video. we can show you aerial as police converged on this location. witnesses describe him wearing a hockey style mask, dark cam mow, body armor as -- dark camo, body armor. witnesses say he walked into
cliff negotiations. >>> 7:36. software company founder john mcafee could soon return to the united states. his attorney says a guatemala judge has ruled that mcafee adetention in that country is illegal and he could be released as soon as today. mcafee was detained in guatemala last week after entering the country illegally to avoid police in belize who wanted to question mack afy about the fatal shooting of his neighbor. mca -- mcafee has said he wishes to return to the u.s. so he can...
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over the fiscal cliff negotiations one thing has become crystal clear. the schisms are becoming more and more pronounce. there are three distinct groups, theological warriors who want to impose their views on the country. tee party zealots and remnant of the pro business moderates while their fiscal views are the last reasonable voice in the republican party. it's this last group who are willing to compromise and combine their ideologies with governing. it is this group bit by bit who are peeling away the extreme views of the rest of the party. the most important question remains are there enough of them to make a deal and reign in the g.o.p. circus. joining me now charles pierce, writer to esquire and author and host of ring of fire and majority report sam seder. do you feel sorry for john boehner who has all these circus folks with him? >> i don't. >> eliot: shocking to me. >> look, he has--he's trying to maintain his caucus, and you know at the end of the day i don't really invest too heavily about the actual persons of these politicians. the fact tha
over the fiscal cliff negotiations one thing has become crystal clear. the schisms are becoming more and more pronounce. there are three distinct groups, theological warriors who want to impose their views on the country. tee party zealots and remnant of the pro business moderates while their fiscal views are the last reasonable voice in the republican party. it's this last group who are willing to compromise and combine their ideologies with governing. it is this group bit by bit who are...
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cliff. >> and what's going on in those negotiations that we don't know. >> exactly. so we going to talk to the man who may know right? >> the man who's wired in washington. >> exactly. bob woodward knows the white house and he's covering washington for years. he'll be on later this morning. >> announcer: this portion of "cbs this morning" sponsored by international delight coffee creamers. what's your i.d.? who thinks two is better than one? so all of you do. yes, for sure. now what's better? being able to shoot two lasers out of both of your eyes at the same time or just one laser out of one eye? [ all kids ] two! [ moderator ] okay, why? if it's just one beam -- okay, it does a little bit of damage. two beams -- it will make something explode! and that's more fun? yeah! and it's more powerful you're saying? yeah! [ male announcer ] it's not complicated. doing two things at once is better. and only at&t's network lets you talk and surf on your iphone 5. ♪ ♪ online outfit piccolo headphones buy now broadway show megapixels place to sleep little roadster war and p
cliff. >> and what's going on in those negotiations that we don't know. >> exactly. so we going to talk to the man who may know right? >> the man who's wired in washington. >> exactly. bob woodward knows the white house and he's covering washington for years. he'll be on later this morning. >> announcer: this portion of "cbs this morning" sponsored by international delight coffee creamers. what's your i.d.? who thinks two is better than one? so all of you...
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obama has leverage now because he really doesn't care if you go over the fiscal cliff or curb or slope, or whatever you want to call it. but in february we will hit the debt ceiling. and if we break through the debt ceiling we will unleash an economic hell on this nation. and no president would allow that, right? so that is republican leverage, as they see it. unlike them, obama is not willing to destroy the global economy. and so they figure there is no real need to cut a deal now, because if that deal, particularly if they deal includes concessions like taxes, just wait a couple of months, take the debt ceiling hostage and make everybody believe you'll shoot. this is making boehner weaker. it gives haas republicans an excuse to ignore the cuts the deal he makes. they say oh, we'll just wait it out. the concern that bainler cut a deal that he can't actually deliver, or at the last minute he'll back off a deal because he won't have the votes. the white house, by the way, they don't think the debt ceiling is republican leverage. when you talk to them, they are all steel right now on tha
obama has leverage now because he really doesn't care if you go over the fiscal cliff or curb or slope, or whatever you want to call it. but in february we will hit the debt ceiling. and if we break through the debt ceiling we will unleash an economic hell on this nation. and no president would allow that, right? so that is republican leverage, as they see it. unlike them, obama is not willing to destroy the global economy. and so they figure there is no real need to cut a deal now, because if...
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cliff. for the past few nights we've been telling you about the frustrating lack of progress to avert a deal on automatic tax hikes and spending cuts that kick in less than four weeks from now. poll after poll shows the american people want compromise but there weren't many signs that was going to happen, nothing was getting done. in a cnn/crc poll, 67% said washington officials would behave like spoiled children in the fiscal cliff discussions. only 28% said they would behave like adults. tonight signs that maybe some adult behavior might be prevail and a compromise might be reached. jessica yellen joins us, dana bash and david gergen. what's the latest? >> reporter: they are a long way from a deal, but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was
cliff. for the past few nights we've been telling you about the frustrating lack of progress to avert a deal on automatic tax hikes and spending cuts that kick in less than four weeks from now. poll after poll shows the american people want compromise but there weren't many signs that was going to happen, nothing was getting done. in a cnn/crc poll, 67% said washington officials would behave like spoiled children in the fiscal cliff discussions. only 28% said they would behave like adults....
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the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other side of the equation you have the president. let's say the president gets his tax hikes. you know, everyone thinks they are going to have higher taxes in the new year. so he gets tax hikes. but then what? i mean, the new normal that's being painted by your friends over at the oecd say our girls will probably be about 2.2%. 2% maybe if we're luck in next year. the new normal even with high taxes doesn't look good. >> yeah. let's hope it's higher than that i think it's going to be a bumpy 60 days in my view. fiscal cliff. as low as that 2% is. the awful state of the world right now is that
the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other...
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even in the debt ceiling debate or the fiscal cliff negotiations that neither side will give and they're both being unreasonable. and really not drilling down. the other thing they do is they really go back to newt gingrich and grover norquist. as you've talked about both these things, changing the culture of washington and making compromise impossible. >> here's something really naughty, i think in terms of policy. who can forget back in august not a million years ago when the romney pollster neil newhow said the following. we're not going to let our campaign be kick a at a timed by fact checkers. think about that. fact checkers meaning facts. >> right. >> i was on the show with you the other night. we talked about the quotes of the year. 47%. >> that's a good one. >> i thought this should be the top two of three. that showed their view towards reality. it was an arrogance that we can say whatever we want to say. and i think in years past, this is what's changed. campaigns would not be so brazen. if caught in a lie they maybe feel some shame. here's neil newhouse telling reporters that
even in the debt ceiling debate or the fiscal cliff negotiations that neither side will give and they're both being unreasonable. and really not drilling down. the other thing they do is they really go back to newt gingrich and grover norquist. as you've talked about both these things, changing the culture of washington and making compromise impossible. >> here's something really naughty, i think in terms of policy. who can forget back in august not a million years ago when the romney...
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cliff negotiations. different than a year and a half ago when the president dealt only with republicans in congress. this time he is taking the case to americans and getting outside of washington, d.c. congressional republicans not so happy that the president is doing this. >> we understand that. paul steinhauser live in washington, thank you. >>> let's talk more about the fiscal cliff. we have the washington correspondent for the new yorker and cnn contributor ryan lizza with us. john boehner and the president in a room, just the two of them. good idea? >> i think it is a good idea. >> if you look at the accounts of the negotiations of 2011 when you had boehner, mcconnell, nancy pelosi all in one ba bainer and the president who were on the phone meeting privately. they could go fwook their constituents and boehner could go to eric cantor and see what kind of deal they could get. but that was the dynamic that came the closest. >> they didn't have control of their parties basically right? does john boehne
cliff negotiations. different than a year and a half ago when the president dealt only with republicans in congress. this time he is taking the case to americans and getting outside of washington, d.c. congressional republicans not so happy that the president is doing this. >> we understand that. paul steinhauser live in washington, thank you. >>> let's talk more about the fiscal cliff. we have the washington correspondent for the new yorker and cnn contributor ryan lizza with...
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at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next year, the economy would likely be entering an austerity-induced recession. markets would be convulsing as they realize our austerity crisis is about to become also a default crisis. and so the economy, as a whole, is going to be going nuts. poll after poll already shows republicans are receiving more blame for the potential failure of the debt talks. and after telling the press they're going to make a strategic decision to use a debt ceiling as more and more dangerous leverage, they're likely going to get blamed for that, too. and that will be much worse in the polls. republicans may believe the wh
at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next year, the economy would likely be...
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cliff negotiations. but now we want to open up the phones. and if you have questions for mr. goldfarb about the so-called fiscal cliff negotiations and tax issues, the numbers are up on the screen. 202-5853. and of course you can also contact us via social media. we'll pull put up those addresses as well. and you can send an email to journal@c-span.org. now, we have this tweet for you, mr. goldfarb. guest: i think dozens of them are for businesses and i don't knowify want to describe them as -- know if i want to describe them as corporate welfare, but as was mentioned, the research and development tax credit, the tax credits to motorsports complexes, otherwise known as nascar tax break, there are tax breaks for retailers, for restaurants, for railroads. the list goes on. so a lot of them are for businesses. host: independence day tweets in -- guest: i'm not exactly sure who is responsible for that provision originally. but it's not very expensive. that's one of the reasons why something like that will ke
cliff negotiations. but now we want to open up the phones. and if you have questions for mr. goldfarb about the so-called fiscal cliff negotiations and tax issues, the numbers are up on the screen. 202-5853. and of course you can also contact us via social media. we'll pull put up those addresses as well. and you can send an email to journal@c-span.org. now, we have this tweet for you, mr. goldfarb. guest: i think dozens of them are for businesses and i don't knowify want to describe them as --...
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this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their intent. i think their tax reform intent is quite sound. but the way this is playing out, i think that's a big risk for them. >> they're becoming the party of rich, white, older men, is
this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather...
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still ahead on "starting point" a little movement on the fiscal cliff with new proposals on the table from both sides. going to talk about that. some conservatives say they think boehner should step away from the negotiating table. we'll talk to tennessee congresswoman marcia blackburn about that. >>> a viewer writes to a black meteorologist saying she needs to grow hair or wear a wig. it's not something i think looks good on tv so she responded on facebook very nicely said something at the end "have a nice day," got her fired. we'll talk about her story, when we return, in just a moment. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world u
still ahead on "starting point" a little movement on the fiscal cliff with new proposals on the table from both sides. going to talk about that. some conservatives say they think boehner should step away from the negotiating table. we'll talk to tennessee congresswoman marcia blackburn about that. >>> a viewer writes to a black meteorologist saying she needs to grow hair or wear a wig. it's not something i think looks good on tv so she responded on facebook very nicely said...
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the president launched his public appeal on fiscal cliff negotiations and included a meeting with a family in arlington, virginia. >>> also tomorrow, the manassas city council will vote on whether to demonthly lish a 100-year-old house on prescott avenue. they say they've worked with the owner for years to bring the house up to code. the property owner is in her 80s and she says she hopes the house is not torn down. >>> rolling stone, paul mccartney and others will host a benefit concert for those affected by hurricane sandy. the concert is completely sold out and all the money will benefit the robin hood foundation. >>> of course, a big game in the day ahead. the redskins and the ravens face off in the battle of the beltways with a win today. the burgundy and gold could be tied atop the nfc east. kickoff is at 1:00. we'll have all the highlights on "news 4 at 6:00 and 11:00 and expect twitter to be abuzz. >> on fire. >> ravens are mad after they got beat by the steelers last week so they're going to be fighting mad for this one. >> we'll see about that. got a lot of bets on the line, all
the president launched his public appeal on fiscal cliff negotiations and included a meeting with a family in arlington, virginia. >>> also tomorrow, the manassas city council will vote on whether to demonthly lish a 100-year-old house on prescott avenue. they say they've worked with the owner for years to bring the house up to code. the property owner is in her 80s and she says she hopes the house is not torn down. >>> rolling stone, paul mccartney and others will host a...
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cliff and they're notle to negotiate and put something on the table. we've put a good faith effort on the table and you know what, the president is the leatheaet lead. i expect him to be in washington rather than out campaigning. the campaigning is over. it's time to sit at the table with the leaders and that's what it's going to take. i'm very disappointing that's not happening. >> i want to play something that house speaker boehner had to say yesterday. >> the revenues we're putting on the table are going to come from guess who? the rich. now, there are ways to limb the deduction, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> congresswoman, the "new york times" reporting today that boehner is enjoying the broadest support he has seen in two years but as you know, a lot of conservatives are very angry over his giving any ground on revenue. is the speaker's leadership still strong in your estimation? >> i think it is. and i know that it's a very tough position for our leader to
cliff and they're notle to negotiate and put something on the table. we've put a good faith effort on the table and you know what, the president is the leatheaet lead. i expect him to be in washington rather than out campaigning. the campaigning is over. it's time to sit at the table with the leaders and that's what it's going to take. i'm very disappointing that's not happening. >> i want to play something that house speaker boehner had to say yesterday. >> the revenues we're...
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cliff negotiations in washington is our colleague and friend ruth marcus from "the washington post." columnist for "the washington post." ruth, this whole issue in the midwest, this used to be most likely in the southern states, but this really is moving, and we're seeing a real decline in union household membership about half what it was 40 years ago. it used to be 24%. now it's 11.8%. >> unions are reeling, and the more states that enact measures like this, the more unions will be reeling. their penetration, the private sector is something like 7% of the private sector work force is unionized, and i have to say -- i don't use words like this very often, i thought some of the governor's comments were kind of orwelian to suggest this was a pro-worker move. it's clearly a move that may help businesses, but what a kick in the teeth to autoworkers unions, who as you correctly point d out, gave a lot back to help the auto industry get back on its feet, the notion that we had to do this now with this lame-duck session because they raised it in some other proposition is bizarre to me, and
cliff negotiations in washington is our colleague and friend ruth marcus from "the washington post." columnist for "the washington post." ruth, this whole issue in the midwest, this used to be most likely in the southern states, but this really is moving, and we're seeing a real decline in union household membership about half what it was 40 years ago. it used to be 24%. now it's 11.8%. >> unions are reeling, and the more states that enact measures like this, the more...
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and the fiscal cliff negotiations. this is members of the ukraine parliament. they're fighting again for the second day in a row. supporters and opponents of the president squared off in the chamber. tensions having running high since the close election back in october. we'll come back to "cbs this morning." there's something about men in suits, fighting. either funny or either unbecoming. can't decide which. >> maybe that's what we need. >> i think so. >> we now know the name of the man who opened fire tuesday in an oregon mall. police say 22-year-old jake roberts stole the rifle he used to kill two people and himself. but they don't yet understand why he did it. don black stone -- john blackst at the clackamas town center. >> reporter: with two dead and up with more seriously wounded there's a realization it could have been much worse. the gunman came loaded with enough ammunition for a slaughter. but why he did it remains a mystery to his friends. on his facebook page, roberts can be seen smiling and happy and that's the man shawn stone has known for a year
and the fiscal cliff negotiations. this is members of the ukraine parliament. they're fighting again for the second day in a row. supporters and opponents of the president squared off in the chamber. tensions having running high since the close election back in october. we'll come back to "cbs this morning." there's something about men in suits, fighting. either funny or either unbecoming. can't decide which. >> maybe that's what we need. >> i think so. >> we now...